Midway between the two stations he saw a couple of mounted police, and recognised Sergeant Machinson and another constable he did not know.

'Wonder what brings him round here. Perhaps he has been to pay his respects to Rodney Shaw.'

Then he thought:

'If he has, he'll have heard of the loss of his horse. He's such a suspicious beggar, he might think I had a hand in "lifting" it. If the stallion in my place is the missing one, Machinson would be only too pleased to get me into trouble, though why I don't know. It's sheer spite because of that Potter's affair, and poor spite it is too. They have seen me, so I may as well ride over to them.'

He was passing them with a casual remark about the rain when Sergeant Machinson said,—

'We have just been over to Cudgegong. Mr Shaw has returned from England. He bought a valuable stallion in Sydney, which has been stolen. The man in charge of it says it was taken from Potter's. Have you seen anything of it yet?'

Jim Dennis did not hesitate to tell the story of how he found a stray stallion in his mob, and also said that Constable Doonan arrived at an opportune moment to rescue him.

'I was just riding over to Mr Shaw's to tell him about it,' said Jim. 'I heard from Doonan, and Ned Glenn, that he had lost a thoroughbred stallion.'

A suspicious, sneering smile came over Sergeant Machinson's face. 'Then you do not know who is the owner of this horse? It is not often you find stray thoroughbreds running about the country, I suppose?'

'No, do you?' asked Jim, who was not afraid of half-a-dozen Sergeant Machinsons.